Joseph E. Reece - Sep 29, 2023 Form 4 Insider Report for NCR CORP (NCR)

Role
Director
Signature
Leah Singleton, Attorney-in-Fact for Joseph E. Reece
Stock symbol
NCR
Transactions as of
Sep 29, 2023
Transactions value $
$70,014
Form type
4
Date filed
10/3/2023, 05:00 PM
Previous filing
Sep 21, 2023
Next filing
Oct 3, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NCR Phantom Stock Units Award $70K +2.6K $26.97 2.6K Sep 29, 2023 Common Stock 2.6K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are stock units acquired under the NCR Director Compensation Program (the "Compensation Program") as part of the reporting person's annual retainer, which is paid quarterly. The reporting person elected to defer receipt of the annual retainer in accordance with the terms of the Compensation Program.
F2 The phantom stock units are converted into common stock on a one-for-one basis.
F3 The phantom stock units become payable in common stock following the reporting person's termination of service as a director.